Fairtree invests $210 million in South Africa’s richest man Johann Rupert’s Remgro
This reinforces Fairtree’s commitment to investing in high-quality South African businesses while expanding its footprint in the country’s equity market.
Remgro
South Africa’s richest man Johann Rupert boosts Remgro dividend despite 20-percent earnings decline
South Africa’s richest man Johann Rupert boosts Remgro’s dividend by 10% despite a 20-percent earnings decline, emphasizing long-term value creation amid challenging market conditions.
South African exec Josua Malherbe faces $2-million loss from Remgro shares
Malherbe, Remgro’s non-executive co-deputy chairman, is one of Remgro’s largest individual shareholders with a holding of 1,178,995 ordinary shares.
South Africa’s richest man Johann Rupert rebounds strongly, gains $1.49 billion in 2023
The surge in Rupert’s fortune not only cements his position as one of Africa’s richest billionaires but also propels him to the top of South Africa’s wealth hierarchy.
5 companies linked to South African executive Josua Malherbe
Beyond his executive and governance roles, Malherbe also owns a total equity stake of 1,178,995 ordinary shares in Remgro.
South African executive Josua Malherbe’s Remgro stake nets him nearly $2 million
Malherbe’s role as a non-executive co-deputy chairman of Remgro has positioned him as one of the company’s top individual shareholders.
South African executive Josua Malherbe’s stake in Remgro skyrockets, earning him $1.3 million in 42 days
Malherbe owns a beneficial 0.21-percent stake in the investment holding, or 1,178,995 ordinary shares.
Remgro, controlled by Africa’s richest man, increases stake in Heineken
Rupert, Africa’s wealthiest individual, holds a 6.87-percent stake in Remgro, valued at more than $357.2 million.
Four assets that make South African billionaire Johann Rupert Africa’s richest man
With an impressive global ranking of 145 among the world’s wealthiest people, Rupert has constructed a diverse investment portfolio.
South African billionaire Johann Rupert’s net worth nears $11 billion
Rupert’s net worth has risen from $8.5 billion on Nov. 3 to $10.8 billion at the time of writing.
Johann Rupert-led Remgro plans to unbundle 25-percent stake in Grindrod to shareholders
Grindrod is a freight logistics and shipping services company owned in part by Remgro.
South African exec Josua Malherbe loses $1.4 million from Remgro stake in 17 weeks
Malherbe owns a beneficial 0.21-percent stake in the investment holding.
Johann Rupert-linked Remgro plans to sell stake in TotalEnergies South Africa
Remgro has also completed the sale of a 30-percent stake in South Africa’s largest wine and spirits producer, Distell Group.
Johann Rupert’s Remgro, MSC reach agreement on Mediclinic acquisition terms
Rupert’s investment firm, Remgro, owns 44.6 percent of Mediclinic, South Africa’s largest hospital operator.
Mediclinic gains over $690 million four weeks after Johann Rupert’s Remgro launches takeover bid
Similarly, Remgro’s 44.6-percent stake in Mediclinc has increased in value by $281.5 million.